About two months ago I began stocking up on canned food. Not a lot - just extra couple of cans each time I go to Wal-Mart. This serves several purposes. If I were to loose my job that would be one less thing I would have to worry about for a while. But the main reason is to be prepared in case of an emergency. What if the US was attacked? Or what if there was a huge natural disaster in my area? Etc. Most people live paycheck to paycheck, and most people eat the same way - they pretty much only have enough food in the house for a couple days.
My goal is to have about three month's worth of food stored up. I do this by purchasing more of each canned food that I normally would buy. I also write the date I purchased each can on the top of the can. Then I use the oldest stuff first, and put the new cans in the back - this allows me to keep the food as fresh as possible.
I've been doing this for about 2 months now, and I've noticed increases in the prices. Carrots went from 50¢ a can to 68¢. Campbell's soup went from $1.53 to $1.72. Mandarin oranges went from 64¢ to 98¢. This would seem to me to be the effect of the falling US dollar, as most of those foods are grown outside the US. Addionally, I think that the present administration is only going to make the dollar weaker and weaker, which is going to continue to cause prices to go up.
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